As the Worldcoin mainnet goes live, Ethereum co-founder Vitalik Buterin shared his thoughts on Worldcoin and the broader topic of biometric proof of personhood in a detailed blog post. Worldcoin, backed by OpenAI’s CEO Sam Altman, is a proof of personhood initiative to distinguish genuine human identities from bots and other artificial identities. The distinguishing The post Vitalik says Worldcoin’s Iris Scanning ‘Sufficient’ in Privacy Preservation appeared first on CryptoSlate.

South Korean banks are favoring Certificate of Deposit (CD) tokens as potential alternatives to “volatile” stablecoins, as reported by the South Korean news organization Pulse on July 24. According to Pulse, industry sources revealed that Hana Bank plans to research CD tokens as part of the bank’s preparations for a potential Central Bank Digital Currency The post Tokenized Deposits as Alternative to Stablecoins Favored by South Korean Banks in Preparation for CBDCs appeared first on CryptoSlate.

In the ongoing legal case between the Securities and Exchange Commission (SEC) and cryptocurrency giant Coinbase, a significant milestone has been reached by setting a legal pleadings schedule. This development was publicized on Twitter by Coinbase’s Chief Legal Officer, Paul Grewal, who commended the court for its “prompt attention” to the matter. Coinbase vs. SEC The post Key dates set for SEC vs Coinbase lawsuit, initial arguments in August appeared first on CryptoSlate.

As previously reported, new research reveals inconsistencies in ChatGPT models over time. A Stanford and UC Berkeley study analyzed March and June versions of GPT-3.5 and GPT-4 on diverse tasks. The results show significant drifts in performance, even over just a few months. For example, GPT-4’s prime number accuracy plunged from 97.6% to 2.4% between The post Op-ed: Benchmarking ChatGPT’s capabilities against alternatives including Anthropic’s Claude 2, Google’s Bard, and Meta’s Llama2 appeared first on CryptoSlate.

Amid the 2023 bear market, one can’t help but reflect on the game-changing moments that have shaped this industry. The ‘DeFi Summer’ of 2020 was a turning point in the blockchain industry, as CryptoSlate remembers. This season saw the debut of several DeFi projects, signaling the dawn of a new era in finance. DeFi’s evolution The post DeFi adoption varies across chains, BTC price affects velocity appeared first on CryptoSlate.